I have often argued that cheaper energy available in plentiful supply is crucial to any industrial strategy. Much of industry needs large quantities of energy to heat, cool, transform materials and power machine tools. Petrochemicals needs fossil fuels as feedstock. Many manufactures contain fractions of oil transformed into materials.
President Trump oversaw a major expansion of domestic oil and gas production in his first term. This helped keep prices of energy, especially gas, lower in the US. It gave US industry a huge competitive boost compared to the U.K. and EU.
When Putin invaded Ukraine the EU was desperate to replace Russian gas and oil with imports from elsewhere. The Trump increased output saved them as the US made available more exports to them.
The U.K. has substantial potential resources both on and offshore but this government is determined to keep them in the ground. It means we import instead. All that tax revenue and well paid jobs go abroad.World CO 2 goes up. It is a deeply damaging economic policy and a stupid environmental one. Will President Trump persuade the U.K. government to copy his America First example?
November 7, 2024
Good morning.
And congratulations to President Trump on his second, or is it third, victory.
No ! We have here in UK Eco-religous zealots. Not only that, all the laws and agreements with the EU have been crafted with combating Climate Change (SCAM). We are in a bind of our political classes making.
We are going full on South Africa.
November 7, 2024
+1. Yes, unthinkable they will “drill baby, drill” here. Instead they will tut-tut at Trump, while buying his hydrocarbons. At least ours are still underground/sea for our future use – if the zealots had a means of destroying our reserves, they would do so.
November 7, 2024
Yes cheap energy from sources under ones own control are essential to industrial survival, and therefore the enhancement of individuals quality of life.
The insanity of political thinking in the UK is the delusion that we can do without it. The longer we do the further down the personal GDP world league table we fall.
The greatest advantage Donald Trump has is that he is not a politician, who have become a tainted species on both sides of the Atlantic, visible by their abject failure to achieve anything useful. Running a country is a busines, not an outlet for political fantasy.
What a joy it was to see the distraught disarray on the faces of the guardianista media commenteriati, as the reality of the Donalds success dawned on them. They had gone to the USA to celebrate their cause, and were left ravaged as the people spoke. Additionally it left our own government in disarray, their hollow congratulations desperately attempting to balance their previous bile on the subject of Donald Trump. In a sense it was the writing on the wall for their continued existence, and cannot come soon enough. It bodes well for Nigel Farage, another essentially businessman who can see beyond the crapfest that is Westminster, and those that sail in her, to the exclusion of reality. It is now rats in a hayrick time as the height of said hayrick falls and the panic of facing the terriers gets closer. Amen to to all that.😂
November 7, 2024
Net Zero has become a religion and in the UK with the idiot Milibrain incharge nothing will change. Deindustrialising the country is seen a positive by this government as it takes us back to the cold dark days pre the industrial revolution.
Importing vast amounts of energy at spot prices would in any sane world get you sectioned when you have abundant resources of your own. This is the Kafaesque world we must look forward too.
Badenoch made no reference to net zero in her speech because as with mass immigration she believes in it.
Farage is our only salvation.
November 7, 2024
Farming too requires loads of fossil fuel energy to farm, grow, process, freeze and store human food. Cheap reliable on demand energy is vital to compete. The war on CO2 plant, tree and crop food – the gas of life is am insane religion. The idea that the way to stop flooding, forest fires, huricanes and the likes is mad. The idea that CO2 is a world thermostat is for the birds. World cooperation over CO2 reduction is for the birds too. The world had ice ages with far higher levels of CO2. CO2 is one of very many factor that affect temperature we live in a relative dearth of CO2 in historical terms.
Thank goodness we will have a climate realist in the white house. Perhaps some of the more sensible unions can force Starmer to fire Lammy and the deluded Zealot Miliband and start drilling, fracking, mining and go for cheap, reliable on demand energy. Carbon capture is bonkers a waste of money and energy, burning imported wood (young coal) at Drax is expensive and also absurd.
Prof. William Happer explains this very well indeed in his many sensible videos.
November 7, 2024
People, especially older people, also need affordable energy to comfortable survive UK winters. Far more deaths are caused by the cold than by excess heat – even in hotter countries than the UK.
November 7, 2024
Starmer and Lammy have been so rude about Trump that I doubt if they will see anything good in any of his policies.
November 7, 2024
Trump’s job is simple, destroy woke Marxism before it destroys the west. All else is subsidiary.
November 7, 2024
Senseless